Source-grounded facts extracted from MacKenzie Realty Capital, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
MacKenzie Realty Capital, Inc. incurred loan of $1,095,000 with Streeterville Capital, LLC.
“the Company agreed to issue and sell to the Investor and the Investor agreed to purchase from the Company secured promissory notes in the aggregate principal amount of up to $1,095,000”
MacKenzie Realty Capital, Inc. entered into Note Purchase Agreement with Streeterville Capital, LLC valued at $1,095,000 (effective 2026-03-06).
“On March 6, 2026, MacKenzie Realty Capital, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) by and between the Company and Streeterville Capital, LLC (the “Investor”).”
MacKenzie Realty Capital, Inc. incurred loan of $1,635,000 with Streeterville Capital, LLC maturing 18 months after the Purchase Price Date.
“On January 15, 2026, the Company issued to the Investor a secured promissory note under the Note Purchase Agreement in the aggregate principal amount of $1,635,000 (“Secured Note #3”).”
MacKenzie Realty Capital, Inc. entered into Secured Note #3 with Streeterville Capital, LLC valued at in the aggregate principal amount of $1,635,000 (effective 2026-01-15).
“On January 15, 2026, the Company issued to the Investor a secured promissory note under the Note Purchase Agreement in the aggregate principal amount of $1,635,000 (“Secured Note #3”).”
MacKenzie Realty Capital, Inc. amended Equity Distribution Agreement with Maxim Group LLC valued at $20,000,000 (effective 2026-01-07).
“On January 7, 2026, in connection with the at the market offering program through which MacKenzie Realty Capital, Inc. (the “Company”) may sell up to $20,000,000 of shares of the Company’s common stock, $0.0001 par value per share (the “Common Shares”), from time to time, the Company entered into an amendment (“Amendment”) to the Equity Distribution Agreement (the “Distribution Agreement”) with Maxim Group LLC (the “Agent”).”
MacKenzie Realty Capital, Inc.: Filed two amendments to the charter effecting a one-for-ten reverse stock split and par value decrease, effective August 4, 2025 (effective 2025-08-04).
“i. a one-for-ten Reverse Stock Split of the Common Stock, to be effective at 5:00 p.m. Eastern Time (the “Effective Time”) on August 4, 2025”
MacKenzie Realty Capital, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“July 7, 2025, MacKenzie Realty Capital, Inc. (the “Company”) received a letter (the “Bid Price Deficiency Notice”) from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). The Bid Price Deficiency Notice has no immediate effect on the listing of the Company’s common stock, and the Company’s common stock continues to trade on the Nasdaq Capital M”
MacKenzie Realty Capital, Inc. incurred loan of $1,115,000 with Streeterville Capital, LLC maturing 18 months after the date that the Initial Purchase Price is delivered by the Investor to the Company (the "Purchase Price Date").
“On June 11, 2020, the Company issued, pursuant to the Note Purchase Agreement, the Secured Promissory Note #1 (the "Secured Note") in the principal amount of $1,115,000 in favor of the Investor.”
MacKenzie Realty Capital, Inc.: Classified and designated 2,000,000 shares of preferred stock as Series C Preferred Stock with specified preferences, conversion rights, voting powers, restrictions, limitations, and terms (effective 2025-06-06).
“One June 6, 2025, MacKenzie Realty Capital, Inc. (Nasdaq: MKZR; the “ Company ”) filed, with the State Department of Assessments and Taxation of the State of Maryland (the “SDAT”), Articles Supplementary (the “Series C Articles Supplementary”) to the Articles of Amendment and Restatement of the Company, as amended and supplemented, classifying and designating 2,000,000 of the authorized but unissued shares of preferred stock, par value $0.0001 per share (“Preferred Stock”), as shares of a separate class of Preferred Stock, designated as “Series C Preferred Stock," with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption as set forth therein and below.”
MacKenzie Realty Capital, Inc. incurred mortgage of $9.5 million with Evertrust Bank at The Wall Street Journal Prime Rate, currently 7.5% annually, with a 6.5% floor maturing May 30, 2028.
“The material terms of New Loan are as follows: • The principal amount of the loan is $9.5 million. • The interest rate is equal to The Wall Street Journal Prime Rate, currently 7.5% annually, with a 6.5% floor. • The loan matures on May 30, 2028, with amortization based upon a 30-year repayment schedule.”
MacKenzie Realty Capital, Inc. engaged Baker Tilly US, LLP as its auditor.
“the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”
Moss Adams LLP resigned as auditor of MacKenzie Realty Capital, Inc..
“Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”
MacKenzie Realty Capital, Inc.: Board adopted Third Amended and Restated Bylaws, effective January 8, 2025, with numerous changes including quorum, special meeting threshold, advance notice provisions, director qualifications, and exclusive forum (effective 2025-01-08).
“On January 8, 2025, the Board of Directors of the Company approved, effective January 8, 2025, a Third Amended and Restated Bylaws”
MacKenzie Realty Capital, Inc.: Stockholders approved and board adopted Second Amended and Restated Charter, effective January 10, 2025 (effective 2025-01-10).
“the second A&R Charter was filed with the State Department of Assessments and Taxation of Maryland and effective as of January 10, 2025.”
MacKenzie Realty Capital, Inc.: Board adopted the Third Amended and Restated Bylaws effective January 8, 2025, making numerous changes to meetings, directors, committees, exclusive forum, and other governance provisions (effective 2025-01-08).
“On January 8, 2025, the Board of Directors of the Company approved, effective January 8, 2025, a Third Amended and Restated Bylaws (the “Third A&R Bylaws”).”
MacKenzie Realty Capital, Inc.: Stockholders approved and the Company filed the Second Amended and Restated Charter, effective January 10, 2025, removing certain NASAA limitations and making conforming and ministerial changes (effective 2025-01-10).
“Following shareholder approval, the second A&R Charter was filed with the State Department of Assessments and Taxation of Maryland and effective as of January 10, 2025.”
Kjerstin Hatch was appointed as Director at MacKenzie Realty Capital, Inc..
“the Board appointed Ms. Hatch to fill the vacancy on the Board”
MacKenzie Realty Capital, Inc. shareholders approved Ratification of Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2024. at the 2023-11-06 meeting.
“With respect to Proposal 2, the stockholders ratified Moss Adams, LLP as the Company’s independent registered public accounting firm for the fiscal year ended June 30, 2024: Votes For Votes Against Abstentions 6,549,168 132,660 328,083 No broker non-votes were cast in the ratification of auditors.”
MacKenzie Realty Capital, Inc. shareholders approved Election of three directors to hold office until the Company's 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify. at the 2023-11-06 meeting.
“On November 6, 2023, MacKenzie Realty Capital, Inc., a Maryland corporation (the “Company”), held its 2023 annual meeting of stockholders (the “Annual Meeting”). Two proposals were on the agenda for the 2023 Annual Meeting: Proposal 1, to elect three directors to hold office until the Company’s 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and Proposal 2, to ratify Moss Adams, LLP as the Company’s independent registered public accounting firm for the fiscal year ended June 30, 2024. With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows: Nominee Votes For Votes Withheld Thomas Frame 6,592,334 417,577 Timothy Dozois 6,581,829 428,082 Chip Patterson 6,575,588 434,323 No broker non-votes were cast in the election of directors”
MacKenzie Realty Capital, Inc. shareholders approved Ratify Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2023. at the 2022-12-13 meeting.
“With respect to Proposal 2, the stockholders ratified Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2023: Votes For Votes Against Abstentions 6,372,187 88,443 282,953 No broker non-votes were cast in the ratification of auditors.”
MacKenzie Realty Capital, Inc. shareholders approved Election of three directors to hold office until the 2023 Annual Meeting and until their successors are duly elected and qualify. at the 2022-12-13 meeting.
“With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2023 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows: Nominee Votes For Votes Withheld Thomas Frame 6,321,054 422,529 Timothy Dozois 6,310,365 433,218 Chip Patterson 6,292,781 450,802 No broker non-votes were cast in the election of directors.”
Angche Sherpa was appointed as Chief Financial Officer at MacKenzie Realty Capital, Inc..
“Current Director of Accounting and Financial Reporting, Angche Sherpa, has been promoted to the position of Chief Financial Officer.”
Paul F. Koslosky retired as Chief Financial Officer at MacKenzie Realty Capital, Inc..
“Mr. Paul F. Koslosky retired from his position as Chief Financial Officer of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.